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New York Law Journal

McGroarty v. U.S. Rare Earths, Inc.

By | September 29, 2016
Award for Settlement's Breach by Failure To Buy Shares, Issue Opinion Letter Affirmed
3 minute read

New York Law Journal

$50M Securities Fraud Verdict Against Vivendi Upheld on Appeal

Vivendi's rosy statements about its prospects while it was struggling to pay massive debts run up during its global media acquisition spree justified a jury verdict for securities fraud, the U.S. Court of Appeals for the Second Circuit held Tuesday.
10 minute read

New York Law Journal

Wilder v. News Corp.

By | September 27, 2016
SAC's Dismissal Not Reconsidered; Claims Did Not Relate Back to Amended Complaint
3 minute read

National Law Journal

Sen. Warner Calls For SEC Probe Into Yahoo Breach

Senator Mark Warner is asking the SEC to investigate the Yahoo data breach, when executives learned of it and when they disclosed it to the public as required by securities laws.
5 minute read

New York Law Journal

AG Names New Investment Protection Bureau Chief

Katherine Milgram has been promoted to chief of New York Attorney General Eric Schneiderman's investor protection bureau. Milgram has been with the Attorney General's Office since 2013 and most recently was deputy chief of the bureau she was named Monday to lead.
10 minute read

New York Law Journal

Administrative Proceedings Remain Likely for SEC Enforcement Actions

Mark Kornfeld, Jessie Gabriel and David Choi explore challenges to the SEC's practice of seeking to adjudicate enforcement actions in its own administrative courts, rather than in federal district courts. Critics have argued that the in-house proceedings, which are heard before an Administrative Law Judge hired by the SEC, are unfairly advantageous to the commission.
23 minute read

Corporate Counsel

New Data Reveals Brexit's 'Significant' Risk To Business

Passporting has helped establish London as the region's leading financial market, with many U.S. and international banks running their European trading out of the U.K. capital. The U.K.'s decision to leave the EU has put these arrangements under threat, however, and new data has revealed just how damaging the loss could be to the country.
9 minute read

Litigation Daily

No More Secrets: These New Apps Dive Deep Into Law Firm Performance

Like a kid in a candy shop. That's how I feel about two new apps by Lex Machina that launch this week, the Law Firms Comparator and the Courts & Judges Comparator.
43 minute read

The Recorder

Twitter Hit With Investor Suit Over Growth Predictions

A complaint filed Friday by Robbins Geller Rudman & Dowd accuses the social media company of disguising a dip in user engagement.
7 minute read

New York Law Journal

Securities & Exchange Commission v. Nadel

By | September 16, 2016
SEC Entitled to $11.74M in Disgorgement, Prejudgment Interest in Fraud Action
3 minute read

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